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Most Ridiculous Item Of The Week

Posted on June 9, 2006December 23, 2011 by The Tim

Let’s have a little fun on a Friday. How about a thread dedicated to sharing the most ridiculous real estate related item you’ve seen this week. An anonymous commenter yesterday made a good contribution with MLS# 26089900 which urges the potential victim buyer to "Take advantage of the Ballard Craze now," by putting in "lots of work" and "sweat equity."

This might or might not be incredibly ridiculous, but I looked up the info on a house that I pass by sometimes on my way home from work. Asking price: $1,625,000. Most recently sold in: October 2004 (as an empty lot). Most recently sold for: $350,000. Days on the market: 23. I don’t know how much it costs to build a 5,000 sqft home and do all that fancy landscaping, but my gut check tells me that this asking price is a tad on the greedy side. I mean, just a few years ago I remember walking through nearby neighborhoods with comparable homes listed in the $600k-$800k range.

So what’s your "most ridiculous item of the week"?

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